Friday, 31 August 2012

PAL to construct own airport



By Lailany P. Gomez
Manila Standard
http://manilastandardtoday.com/2012/08/31/pal-to-construct-own-airport/
See related article: http://www.businessmirror.com.ph/home/top-news/32092-pal-plans-new-500-m-airport-near-manila

Philippine Airlines will build its own international airport once it obtains the approval of the government, the airline’s president said Thursday.

PAL president Ramon Ang told reporters the airline had proposed to build the airport on a 2,000-hectare property in a still undisclosed location. He said the airport would have four runways that could accommodate simultaneous takeoff and landing of various airlines.

“We have plans to put our own airport terminal and runway. But of course, we will have to seek the government’s approval because it is a big-scale project. I will present it to the President in January or February next year for approval,” Ang told reporters on the sidelines of stockholders’ meeting of PAL Holdings Inc. Ang said the proposed project should support the government’s master plan for the tourism industry.

He said once the government gave its go-signal for the new airport, PAL would tap Korean contractors to finish the project in three years.

Ang, however, declined to disclose the investment cost of the whole project, which he said would also involve a viewing deck, a mall and restaurants.

“We have investors for this project. If the government will approve the proposal, we will start construction immediately. This airport will accommodate not only PAL but other airlines as well,” he said.

Meanwhile, Ang said San Miguel Corp. withdrew its unsolicited proposal to build a budget terminal for low-cost carriers at the Clark International Airport.

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